CII unveils redundancy guide

clock •

The CII has issued a redundancy guide to assist members concerned about losing their job in what it calls a "failing" economic climate.

Sandy Scott, chief executive officer of the CII Group, says 6,000 UK jobs are estimated to be lost in the first eight months of this year, adding that "in the wider financial services market the situation is now a lot worse as 2008's credit crunch becomes 2009's world financial crisis." "We cannot be sure what the future will bring, although the underlying financial stability of our major insurers offers good cause for hope," he adds. The guide has been put together in collaboration with several experts in their fields, and includes topics such as: the emotional consequences of coping w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Andrew Goodwin: Five steps towards advice for everyone

Andrew Goodwin: Five steps towards advice for everyone

Long-term hopes for financial advice

Andrew Goodwin
clock 15 October 2026 • 5 min read
Wealth M&A deals triple in six years as PE buyers dominate market

Wealth M&A deals triple in six years as PE buyers dominate market

PE buyers account for nearly three-quarters of deals

Isabel Baxter
clock 14 October 2026 • 2 min read
Dyer Baade & Company's Daniel Baade: £500m-£2bn AUA firms key battleground in wealth M&A's next phase

Dyer Baade & Company's Daniel Baade: £500m-£2bn AUA firms key battleground in wealth M&A's next phase

Fewer but better buyers

Daniel Baade
clock 13 October 2026 • 3 min read